Iphs Realisations Limited (04145298): administration
- Status
- Administration ended
- Administration began
- 2013-06-04
- Formerly
- Ideal Plumbing and Heating Services Limited; Ideal Mechanical Plumbing and Heating Services Limited
- Incorporated
- 2001-01-22
- Location
- Sheffield
- Industry
- 43220 Plumbing, heat and air-conditioning installation
Why it went into administration
- Loss-making contracts / project overruns
From the administrators' statement
41 The Director was concerned that the existing assets of the company needed to be protected and maximised and, having sought professional advice, believed it to be in the best interests for the company and its creditors to enter Administration
42 On 21 May 2013 the Director of the company made the necessary declaration and on that day filed with the Court a Notice of Intention to appoint an Administrator
43 This was then served on the floating charge holder apparent and as a result the Director subsequently filed with the Court a Notice of appointment of an Administrator The appointment of the Administrator took effect from 4 June 2013
Administrators' statement of proposals (2013-10-24) · Companies House register